USA Funds Update

Ernest Newborn Elected Chair of USA Funds Board of Trustees
USA Funds^® announces the election of Ernest J. Newborn II as chairman of the USA Funds board of trustees. Read more.

Customer Relations Grants Support Local Initiatives
USA Funds’ customer relations managers have a role in the access and outreach activities of USA Funds, working with organizations in their states to assist them in receiving USA Funds customer relations grants. Learn more.

USA Funds Lists Top 50 Lenders
USA Funds lists the top 50 lenders of USA Funds-guaranteed loans through December 2008. Read the list.

USA Funds Staff Profile: Experience ‘From Both Sides of the Table’
USA Funds senior accountant Julie Armstrong’s knowledge of auditing procedures and how best to prepare for audits helps to ensure a smoother accounting process for USA Funds. Read more.

Washington Report

House Panel Approves Stimulus Bill With Student Aid Increases
The U.S. House Appropriations Committee has approved an $825 billion economic stimulus package that would provide significant increases in financial aid to college students. Read more.

Operations Bulletin

Policy Frequently Asked Question: Awarding Loan Funds for One Term
USA Funds’ policy experts address the question of whether a school can certify a loan amount that’s less than the amount for which the student is eligible, in cases in which the student wants to take out loans for only one term. Learn more.